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In a series of short interview clips, investigative reporter Mark Schapiro will be explaining some of the complexities of this new carbon economy and what is at stake. Up first: What exactly is the international carbon market?
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United Nations Framework Convention on Climate Change

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BRAZIL: THE MONEY TREE
We start the series with a report from Brazil's Atlantic coast where a carbon investment project developed by U.S. multinationals and green interests is causing controversy before a single credit of carbon has been traded. WATCH VIDEO »
Over the next year in a joint project, FRONTLINE/World and the Center for Investigative Reporting will report on some of the key issues of climate change with a special focus on the soon to be trillion-dollar carbon trading market it has created. This investigation will be multiplatform with radio, print, television and online reports -- all aggregated on "Carbon Watch." We’ll be looking at which of the current proposals to reduce emissions by 2020 really add up; at the hidden interests behind these solutions; and the new constellation of industry players.
GM's Money TreeGM's Money Trees
Read Mark Schapiro's companion story in the November/December issue of Mother Jones on the difficulties of turning a tree into a carbon offset. READ MORE »		 Putting a Price on TreesPutting a Price on Trees
FRONTLINE/WORLD BLOG
If a student in Brazil can explain how the forests in her backyard are being turned into an offset by American companies, then we should start trying to figure this out. READ MORE »
Hot PoliticsHot Politics
In this joint report from 2007, FRONTLINE and the Center for Investigative Reporting examine the politics and manipulation behind the Bush administration's inaction on climate change. WATCH VIDEO»		 HeatHeat
Correspondent Martin Smith has covered the breakup of the Soviet Union and the wars in Iraq and Afghanistan. But nothing, he says, matches reporting on climate change for its scope and severity. Watch his 2-hour FRONTLINE special. MORE»
Climate Change Experts Weigh InClimate Change Experts Weigh In
Read what economists, lawmakers, energy executives and others say about the global challenge to reduce carbon emissions. READ MORE»		 Asia and Africa, Living on the edgeAsia and Africa:
Living on the Edge
From the foothills of the Himalayas to the African coast, Martin Smith reports first hand on some of the devastating effects of global warming. WATCH VIDEO »
Research Says More Americans Skeptical About Global WarmingMore In U.S. Skeptical About Global Warming
More Americans this year than last believe there is no solid evidence that global temperatures are rising, according to a new survey by the Pew Research Center. READ MORE»
 Tuvalu: That Sinking FeelingTuvalu: That Sinking Feeling
Climate change experts predict that over the next 100 years the sea level, on average, will rise between six inches and three feet. How are these predictions already affecting the tiny Pacific island of Tuvalu? WATCH VIDEO »